Pathao gets ‘Employment Catalyst Award’

Pathao, the largest digital services company of Bangladesh, was awarded with the “Employment Catalyst Award” by Prime Minister Sheikh Hasina on Saturday for its outstanding contributions to job creation, particularly in the youth segment.
30 July 2023, 18:00 PM

FBCCI polls today

The biennial election of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) is going to be held today to elect the new board of directors for the 2023-25 tenure.
30 July 2023, 18:00 PM

Stabilisation fund invests Tk 270cr to support ailing stock market

The Capital Market Stabilisation Fund (CMSF) has invested Tk 270 crore since its inception in 2021 with a view to supporting the ailing stock market. 
30 July 2023, 18:00 PM

Bangladesh now has 25 lakh jobless people: BBS

The number of unemployed people in Bangladesh decreased by 3.47 percent or 90,000 in the April-June quarter compared to the previous quarter this year, according to data of the Bangladesh Bureau of Statistics (BBS).
30 July 2023, 18:00 PM

Southeast Bank holds agent banking confce

Southeast Bank Ltd recently organised the “Southeast Bank Agent Banking Half Yearly Conference-2023” for Dhaka division.
30 July 2023, 18:00 PM

LC opening slumped 26% in FY23

Bangladesh’s imports fell sharply in the immediate past fiscal year as reflected by the slide in the opening of letters of credit (LCs) driven by a shortage of US dollars and restrictions on the purchase of non-essential items from external sources.
30 July 2023, 18:00 PM

Japan presses Sri Lanka to expedite debt restructuring

Japan pressed bankrupt Sri Lanka on Saturday to expedite its debt restructuring, including with its biggest creditor China, to stabilise the island nation’s economy after an unprecedented crisis.
30 July 2023, 18:00 PM

House Building Finance holds managers’ confce

Bangladesh House Building Finance Corporation (BHBFC) organised a “Managerial Conference-2023” at Bidyut Bhaban in the capital on Saturday.
30 July 2023, 18:00 PM

United Commercial Bank, BFIU organise workshop

United Commercial Bank and Bangladesh Financial Intelligence Unit (BFIU) jointly organised a training workshop on “Prevention of Money Laundering & Combating the Financiering of Terrorism” at Hotel The Cox Today in Cox’s Bazar recently.
30 July 2023, 18:00 PM

Prime Bank partners with Adventure Dhaka

Prime Bank has recently signed a “Prime Payroll” agreement with Adventure Dhaka Ltd, a subsidiary of Adventure Incorporation, an online travel agency in Japan.
30 July 2023, 18:00 PM

Ardashir Kabir re-elected BEF president

Ardashir Kabir has been re-elected as the president of Bangladesh Employers’ Federation (BEF) for a two-year term (2023-2025) at its 25th annual general meeting held recently.
30 July 2023, 18:00 PM

German inflation slows

German inflation slowed in July after rising in June, official data showed Friday, but remained at levels that could trouble policymakers at the European Central Bank as they battle stubbornly high prices.
30 July 2023, 18:00 PM

Berger Paints sees profits rise 5% in Q1

Berger Paints, the lone listed multinational paint producer in Bangladesh, saw 5 percent higher profits in the first quarter (April-June) of 2023.
30 July 2023, 18:00 PM

Reforming revenue administration

The government is consistently failing to meet its tax collection targets. In 2022-23, its target fell short by Tk 44,728 crore. This phenomenon has been going on for the last 11 consecutive fiscal years. Clearly, our existing taxation system is not efficient enough, so something needs to change and change fast.
30 July 2023, 18:00 PM

BARI organises workshop

Bangladesh Agricultural Research Institute (BARI) organised the “Internal Research Review & Planning Workshop-2023” for evaluating all the research programmes undertaken in 2022-2023 and formulating the research programme for 2023-2024 at the institute’s Kazi Badruddoza Auditorium in Gazipur yesterday.
30 July 2023, 18:00 PM

Bank Asia’s profits almost double in Q2

Bank Asia saw its profits almost double in the April-June period of the current calendar year, according to a disclosure posted on the Dhaka Stock Exchange (DSE) website.
30 July 2023, 18:00 PM

bKash wins ‘Fintech Pioneer Award’

Leading mobile financial service provider bKash has won “Fintech Pioneer Award” at the Bangladesh Startup Summit-2023 for playing a pioneering role in the fintech sector.
30 July 2023, 18:00 PM

25 products dominated imports in FY23

About half the imports through Chattogram port during fiscal year (FY) 2022-23 were made up of just 25 products that have industrial or household applications, according to data of the Chattogram Custom House.
30 July 2023, 18:00 PM

US oil giants report lower profits

ExxonMobil and Chevron reported profits Friday that were much lower than last year’s due a drop in commodity prices, but still lofty enough to enable increased shareholder distributions.
30 July 2023, 18:00 PM

Rules relaxed for Best Holdings’ IPO

The Bangladesh Securities and Exchange Commission (BSEC) has relaxed the initial public offering (IPO) rules for Best Holdings on three conditions to help the owning entity of Le Méridien Dhaka raise fund from the public.
30 July 2023, 18:00 PM